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OpenAI Completes Restructuring and Announces New Microsoft Deal

OpenAI Completes Restructuring and Announces New Microsoft Deal
OpenAI has finalized the conversion of its for‑profit arm into a public benefit corporation, now called OpenAI Group PBC, while its nonprofit parent, the OpenAI Foundation, retains a substantial equity stake. The restructuring, approved after negotiations with state attorneys general and a legal dispute with co‑founder Elon Musk, positions the nonprofit to own up to $100 billion in equity and maintain oversight of the company. Alongside the corporate overhaul, OpenAI confirmed a fresh partnership with Microsoft, and the leadership will host a livestream Q&A to discuss the changes and future plans, including a focus on healthcare, AI resilience, and the pursuit of artificial general intelligence. Leer más →

Tesla’s Record Quarter Highlights AI Push and Compensation Controversy

Tesla’s Record Quarter Highlights AI Push and Compensation Controversy
Tesla posted a record‑high vehicle delivery figure for the quarter, driven by strong U.S. demand as the federal EV tax credit expired. Despite the sales surge, profit fell sharply from a year earlier, pressured by higher operating costs tied to AI research, robotics development and restructuring charges. CEO Elon Musk used the earnings call to stress the company’s long‑term focus on full‑self‑driving, a robot‑taxi network and the Optimus humanoid robot, while also defending a proposed $1 trillion compensation package that would give him expanded voting control. The mix of short‑term sales strength and long‑term strategic bets created a volatile outlook for investors. Leer más →

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny
OpenAI executives are reportedly weighing a move out of California as political resistance intensifies around the company’s shift from nonprofit to for‑profit status. While the firm says it has no intention to leave the state, California’s attorney general is probing whether the restructuring violates charitable trust law. A broad coalition of nonprofits, labor groups, philanthropies and rival Meta has rallied against the conversion, putting pressure on the AI leader amid its $19 billion funding tied to the transition. Leer más →

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny
OpenAI executives are reportedly weighing a move out of California as political resistance intensifies around the company’s shift from nonprofit to for‑profit status. While the firm says it has no intention to leave the state, California’s attorney general is probing whether the restructuring violates charitable trust law. A broad coalition of nonprofits, labor groups, philanthropies and rival Meta has rallied against the conversion, putting pressure on the AI leader amid its $19 billion funding tied to the transition. Leer más →

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny
OpenAI executives are reportedly weighing a move out of California as political resistance intensifies around the company’s shift from nonprofit to for‑profit status. While the firm says it has no intention to leave the state, California’s attorney general is probing whether the restructuring violates charitable trust law. A broad coalition of nonprofits, labor groups, philanthropies and rival Meta has rallied against the conversion, putting pressure on the AI leader amid its $19 billion funding tied to the transition. Leer más →

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny
OpenAI executives are reportedly weighing a move out of California as political resistance intensifies around the company’s shift from nonprofit to for‑profit status. While the firm says it has no intention to leave the state, California’s attorney general is probing whether the restructuring violates charitable trust law. A broad coalition of nonprofits, labor groups, philanthropies and rival Meta has rallied against the conversion, putting pressure on the AI leader amid its $19 billion funding tied to the transition. Leer más →

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny

OpenAI Denies Plans to Exit California Amid Restructuring Scrutiny
OpenAI executives are reportedly weighing a move out of California as political resistance intensifies around the company’s shift from nonprofit to for‑profit status. While the firm says it has no intention to leave the state, California’s attorney general is probing whether the restructuring violates charitable trust law. A broad coalition of nonprofits, labor groups, philanthropies and rival Meta has rallied against the conversion, putting pressure on the AI leader amid its $19 billion funding tied to the transition. Leer más →